In reviewing Russian entrepreneurship and banking since the advent of perestroika in the mid-1990s, Buyske stresses that Russian entrepreneurship is more dynamic than usually perceived and that the historic lack of small-business and start-up finance was largely owing to the practices of the Russian banking sector rather than to any failing on the part of Russian entrepreneurs. Buyske's conclusions have important implications for policy worldwide; she is confident that a broad understanding of microfinance as a profitable, rather than a charitable, endeavor will contribute to the commercial involvement needed to maximize global microfinance growth.
In reviewing Russian entrepreneurship and banking since the advent of perestroika in the mid-1990s, Buyske stresses that Russian entrepreneurship is more dynamic than usually perceived and that the historic lack of small-business and start-up finance was largely owing to the practices of the Russian banking sector rather than to any failing on the part of Russian entrepreneurs. Buyske's conclusions have important implications for policy worldwide; she is confident that a broad understanding of microfinance as a profitable, rather than a charitable, endeavor will contribute to the commercial involvement needed to maximize global microfinance growth.
Banking on Small Business: Microfinance in Contemporary Russia
240Banking on Small Business: Microfinance in Contemporary Russia
240Hardcover
Product Details
ISBN-13: | 9780801445781 |
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Publisher: | Cornell University Press |
Publication date: | 08/15/2007 |
Pages: | 240 |
Product dimensions: | 6.00(w) x 9.00(h) x 0.94(d) |
Age Range: | 18 Years |